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Fbi Searches Trump’s Florida Home as Part of Presidential Records Probe
Date: August 9, 2022
By Brian Ellsworth and Sarah N. Lynch PALM BEACH, Fla. (Reuters) -Former President Donald Trump said FBI agents raided his Mar-a-Lago estate on Monday and broke into his safe in what his son acknowledged was part of an investigation into Trump’s removal of official presidential records from the White House to his Florida resort. The...
A Regulatory Double Act: Why the US & UK Must Collaborate
Date: August 5, 2022
By Ben Richmond, CEO and Founder at CUBE, the global RegTech Since the UK left the EU, there has been a growing move towards localised legislation. The rhetoric of “taking back control” has materialised in changes to well-rooted legislation – from Solvency II to the Financial Services and Markets Act. From the beginning, the FCA...
Exclusive-Tencent Seeks Bigger Stake in ‘Assassin’s Creed’ Maker Ubisoft -Sources
Date: August 4, 2022
By Julie Zhu and Selena Li HONG KONG (Reuters) – Tencent Holdings Ltd plans to raise its stake in French video game group Ubisoft Entertainment SA as the Chinese gaming giant pivots to the global gaming market, four sources with direct knowledge of the matter told Reuters. China’s largest social network and gaming firm, which...
Lebanon Clears Ship Accused of Carrying Stolen Ukrainian Grain for Departure
Date: August 3, 2022
By Timour Azhari and Laila Bassam BEIRUT (Reuters) -Transport authorities have allowed a ship Ukraine accuses of carrying stolen grain to depart Lebanon despite the Ukrainian embassy asking Beirut to reopen a probe into the matter after presenting what it said was new evidence. Lebanese Transport Minister Ali Hamie told Reuters on Wednesday afternoon that...
U.S. Considers Crackdown on Memory Chip Makers in China
Date: August 1, 2022
By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) – The United States is considering limiting shipments of American chipmaking equipment to memory chip makers in China including Yangtze Memory Technologies Co Ltd (YMTC), according to four people familiar with the matter, part of a bid to halt China’s semiconductor sector advances and protect U.S. companies. If...
China’s Alibaba Strives to Keep New York Listing Amid Audit Dispute
Date: August 1, 2022
By Scott Murdoch (Reuters) -Alibaba Group Holding Ltd said on Monday it would work to maintain its New York Stock Exchange listing alongside its Hong Kong listing after the Chinese e-commerce giant was placed on a delisting watchlist by U.S authorities. Alibaba stock closed down nearly 3.8% in a near-flat Hong Kong market, following its...